|Explain Different Uses of Computers in Business Organizations|
Employee Record Keeping
All business organizations keep record of their employees. Computers are being used extensively to make this task easier and more efficient. For example, computers are being used to keep records of :
|Uses of computers in business|
- Daily attendance of employees
- Recording overtime hours of employees
- Recording Total hours worked of all employees
- Calculating Pay of employees
- Printing pay bills and receipts every month
Any business organization can use computers for marketing their products.
Many stock exchanges are using computers for conducting bids. Stock brokers are using computers to perform all business functions in stock exchange.
|Uses of Computers in Business – Stock Exchange|
Banks: Uses of Computer in Business
These days, banks are incomplete without computers. Banks are using computers to record Daily Customer Transactions. Every bank is using a customized software like Accounts Maintenance System. Accounts Maintenance System manages all customer financial dealing records through bank. The use of computers in banks has provided many benefits. It saves a lot of time and provides convenience for the customer.
E-Mail stands for Electronic Mail. By E-Mail, you can send and receive messages. You can also attach files of different types with email message. No doubt, E-Mail is a faster and cheaper way of communication.
Computerized pay roll system is used in different organizations to maintain pay accounts of employees, easily and quickly.
Stock system: Uses of computer in Business
Computerized stock system is used to record number of items in stock of any organization efficiently.
Computers can be used to send and receive faxes. Different Fax Software are available in market for this purpose that will work together with Fax Modem to send and receive faxes thorough computers.
Word processor software like MS Word is used to prepare different types of documents like letters, applications and other documents.
Graphics: Uses of Computer in Business
Graphics software like Adobe Photoshop or Corel Draw are used for image editing and preparing posters and cards etc.
Microsoft Power Point Presentations
Spreadsheet: Uses of Computer in Business
Spreadsheet software like Excel can be used to prepare computerized worksheets and charts. Microsoft Excel can be used by small shop keepers or small businesses for fast calculations on data. Microsoft Excel provides many built-in functions for different types of calculations in business organizations.
Accounts department is one of the many departments that use computers for handling business transactions in any organization, especially financial transactions. Accounts department can use Accounting software like LedgerSMB, BizCorei and Microsoft Excel to prepare different accounting documents like balance sheet, Trial balance, Ledger and bank reconciliation etc.
Further Suggested Reading:
1.1 What is Computer
1.2 What are Characteristics of Computer
1.3 What are the basic units or components of a computer
1.4 What are Different Types of Computer
1.5 Write a note on Classification of Computers
1.6 What are the basic operations of a computer
1.7 Explain The Concept of A Computer System
1.8 What are uses of computer at Home
1.9 Uses Of Computer in Business Organizations
1.10 Uses Of Computer In Education Field
1.11 Uses Of Computer in Medical Field
1.12 Uses Of Computer In Industry
1.13 Uses Of Computer In Science
1.14 Differentiate between Analog and Digital Computers